BUZZ-Aveanna Healthcare gains on bullish 2025 forecast, strong Q1 results

Reuters
05-08
BUZZ-Aveanna Healthcare gains on bullish 2025 forecast, strong Q1 results

** Shares of home healthcare provider Aveanna Healthcare Holdings AVAH.O rise 22% to over 5-month high of $5.89

** Co forecast 2025 sales to be greater than $2.15 bln, compared to prior expectations of $2.10 bln to $2.12 bln

** Analysts were expecting FY25 sales to be $2.12 bln - data compiled by LSEG

** Co posts Q1 sales of $559.2 mln, above analysts' est. of $513.1 mln

** Co reports Q1 profit of 3 cents/share, compared to loss of 6 cents/share, a year ago

** Including session move, stock up 30.2% YTD

(Reporting by Kamal Choudhury in Bengaluru)

((Kamal.Choudhury@thomsonreuters.com;))

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